BMO - San Ramon, CA
posted 5 months ago
The position involves facilitating decision-making and analysis of various types of credit information to support lending decisions and processes for the bank. The role is crucial in maintaining and promoting a client service environment that not only meets but exceeds customer needs and expectations. The individual in this role will be responsible for making credit decisions and recommendations that align with sound credit-granting principles and comply with the bank's policies and procedures. In addition to credit decision-making, the position requires identifying new sales opportunities for both prospects and existing commercial clients through thorough analysis. The role may also involve participating in on-site client visits alongside other internal stakeholders to foster relationships and understand client needs better. The individual will be expected to exercise their discretionary limits in commercial lending and support the execution of strategic initiatives in collaboration with both internal and external stakeholders. Evaluating clients' ability to repay loans is a key responsibility, along with consulting on loan structure and collateral. The role requires the identification of trends in client activities that may indicate deteriorating credit quality, as well as performing periodic reviews of credit where more frequent monitoring may be necessary. Understanding borrower types typical in the high net worth market and their relation to collateral ownership, loan repayment, and loan structure is essential. The individual will grant loan requests within specified limits, utilizing their understanding of credit scoring and risk management concepts. Monitoring covenants of clients within the assigned portfolio is also a critical task, as it helps identify deteriorating credit conditions and ensures compliance with loan agreements. The role demands accurate financial analysis and risk assessment of both new and existing customers, partnering with internal stakeholders to gather detailed client information. The individual will develop credit information to make informed lending decisions on new, renewal, and extension loans, and assist in negotiating terms and conditions through phone and email interactions with clients. Overall, the position requires a proactive approach to minimize the bank's risk exposure by adhering to internal credit policies and procedures while providing input into the planning and implementation of operational programs. Building effective relationships with internal and external stakeholders is vital, and the individual will work independently on a range of complex tasks, which may include unique situations. Broader work or accountabilities may be assigned as needed.